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Europe Daily Bulletin No. 8046

13 September 2001
Contents Publication in full By article 17 / 48
GENERAL NEWS / (eu) eu/competition
Commission clears acquisition of Thyssen Schienen Technik GmbH by Voest-Alpine Stahl

Brussels, 12/09/2001 (Agence Europe) - On Wednesday, the European Commission authorised the acquisition of German rail producer Thyssen Schienen Technik GmbH by Voest-Alpine Stahl AG, an Austrian steel manufacturer. This operation will make Voest-Alpine Stahl the largest producer of rails in the European Union, with approximately 34% of the rail market in the European Economic Area (EEA), but it will face competition from other large producers such as Corus and Lucchini, with market shares...

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